HINT Newsletter

December 2008

National Bank of Hungary Governor Andras Simor said at a meeting of the Hungarian Association of Industrialists and Employers (MGYOSZ) on December 3, 2008. that Hungary's budget deficit could drop below 3 pct of the GDP in 2008.

The Hungarian Telephone and Cable Corp (HTCC) is moving from the American state of Delaware to Denmark to take advantage of financial and other business opportunities not available in the US, the company said in a statement.